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Jason Sonnichsen Comment On Regulatory Notice 22-08

With the availability of information over the internet it is no longer reasonable to think that investors are not educated in all aspects of funds trading. Last year a group of talented amateurs was able to commit a short squeeze against major bank holdings that were too sure of their own intelligence. This clearly follows that basis to protect vested corrupt interest to the detriment of the individual investor through government overreach. This proposal is clearly too wide as it would encompass as "complex" a large percentage of the industry.

Alex Orth Comment On Regulatory Notice 22-08

Regulating the stocks and investments the average American can invest in is the most asinine ideas I have ever heard. The fact that in order to trade a "complex product" I would need to take test and read certain materials, be wealthy, and get special approval from a broker is the worst form of gatekeeping. Not only would you be stopping a large amount of people from investing in certain stocks because you believe them to be to stupid, you would also likely drive many people to sell their stocks and leave the market entirely out of fear that they may not be qualified to continue to invest.